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Volkswagen

Volkswagen

 

More Stories on Volkswagen
Tesla's Autopilot handles some driving tasks and allows drivers to keep their hands off the wheel for extended periods

US asks 12 automakers for assistance in probe into Tesla vehicle crashes

Sep 15, 2021

In August, NHTSA opened a formal safety probe into Tesla driver assistance system Autopilot after 12 crashes with emergency vehicles. The probe covers 765,000 U.S. Tesla vehicles built between 2014 and 2021

JPMorgan

JPMorgan to acquire majority stake in Volkswagen's payments biz

Sep 08, 2021

The US bank has agreed to buy close to 75% of Volkswagen Payments S.A. for an undisclosed sum, subject to regulatory approvals.

The Wolfsburg-based carmaker said it expects the situation to improve by the end of the year (Source:Reuters)

Volkswagen may need to implement more production cuts due to chip shortage

Aug 19, 2021

The auto industry is facing renewed strains, with COVID-19 outbreaks in Asia hitting both chip production and operations at commercial ports

Volkswagen aims to overtake Tesla as the world's largest EV maker by 2025

Volkswagen calls for lower import tax on EVs after Tesla

Aug 11, 2021

Cutting duties on electric vehicles (EVs) even to 25% - from current levels as high as 100% - would not pose a "big threat" to domestic players, but would help to drive investment, the German carmaker's India head said

The Skoda Vision X car is presented during an event at the 88th International Motor Show at Palexpo in Geneva, Switzerland (Source:Reuters)

VW's Skoda Auto scales up car deliveries to 5,15,300 in H1

Jul 30, 2021

Skoda said that its net cash flow was 678 million euros in the January-June period, compared to -25 million euros last year

Ford  is considering several options as it looks for ways to achieve the mid-term target of 8% EBIT (earnings before interest and taxes) margin by 2023

Ford in trouble, approaches rival automakers to revive India operations

Jul 29, 2021

In the worst-case scenario, the company may shut both its factories and convert its Indian unit into a niche operation, retailing CKD (completely knocked down) variants of premium models Ranger, Endeavour, and Mustang Lincoln while keeping doors open for EVs

ChargePoint's acquisition comes a week after the European Union unveiled a policy package to combat climate change and bring down emissions (Source:Reuters)

ChargePoint to buy VW-backed charging software company for $295 mn

Jul 20, 2021

Founded in 2013, has.to.be, in which Volkswagen is a minority shareholder, employs 125 people in Austria and Germany. Its software manages more than 40,000 charging points on the continent, with access to 250,000 via roaming agreements

 "In Europe, we will exit the business with internal combustion vehicles between 2033 and 2035, in the United States and China somewhat later," Klaus Zellmer, Volkswagen board member for sales said

Volkswagen to end combustion engine sales in Europe by 2035

Jun 26, 2021

By 2050 at the latest, the entire fleet of the German carmaker should be CO2-neutral, said Klaus Zellmer, Volkswagen board member for sales

COVID-19 crisis jolts Ford, Volkswagen, other foreign carmakers' India dream

Jun 18, 2021

Carmakers that saw nearly a decade of Indian sales growth wiped out in 2020 are expecting a bounce back in demand this year. But it is likely to be led by small, affordable cars - a sector dominated by homegrown leader Maruti Suzuki and rival Hyundai

Winterkorn resigned as CEO on Sept. 23, 2015, a week after the scandal was uncovered

Ex-Volkswagen CEO Martin Winterkorn charged with false testimony in diesel scandal

Jun 09, 2021

Volkswagen is struggling to draw a line under its biggest ever corporate crisis in which it admitted using illegal software to rig U.S. diesel engine tests

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Skoda Kushaq set for June launch in India

May 18, 2021

The compact SUV Kushaq will be going against Hyundai Creta, Maruti Suzuki S-Cross, MG Hector, Kia Seltos, Nissan Kicks, Renault Duster, Tata Harrier and the Volkswagen's upcoming car Taigun